The last remaining postal service in India finally shut down after more than a century's operation.
Sectors
New currency instruments expand Indian forex bourse
The opening up of the Indian forex market has allowed the stock exchange to further grow in recent times.
Heathrow airport to be taken down, replaced with residential housing units
The London mayor has pushed aside sentimentality for the Heathrow airport to create a new borough. London Mayor Boris Johnson is chucking sentimentality out the window when he announced the plan to transfer the historic Heathrow airport.
New partners to finance massive housing project in China
China gets US $44.4 million funding for a housing project. Century Bridge Capital entered into a joint venture agreement with Coastal Greenland Limited after investing US $44.
'Grown Ups 2' outperforms 'Pacific Rim'
Despite receiving low commendations, the film 'Grown Ups 2' scored higher than 'Pacific Rims' in the box office today.
Latest News
Forest Oil Corp would sell its oil and natural gas fields in Texas Panhandle worth US$1 billion. Forest Oil Corp intended to sell its oil and natural gas fields that could be found in Texas Panhandle.
Lowth, current CFO AstraZeneca, will leave this October to become the CFO and Executive Director of BG Group
Avis Budget Group Inc. bought Payless Car Rental for US$50 million in cash to increase its yearly generated income.
Mark43, founded by three students from Harvard, gets financial backing amounting to US $1.95 million.
The real-time insights provider seals a US $15 million funding after the close of a series D financing from two private equity firms.
Abbott Laboratories would purchase Idev Technologies and OptiMedica Corp. for around US$560 million as it expands its device offerings.
The Royalty Exchange was able to secure series A capital funding from Grotech Ventures worth US$2.1 million.
Tencent and other Internet company in China led the highest close of the telecommunication industry in Hang Seng index since 2004
The South African investment company bought 75% of Egoli Gas through a deal completed in April. South African investment company Reatile Group completed in April a deal to purchase 75% of Egoli Gas Ltd.
